Investments in profiles production in Russia in 2010 exceeded rates of 2009

MOSCOW (MRC) -- For the eight months the Russian profiles producers have invested in equipment more than $ 25 mln which is $ 4 mln more than capital invested during whole 2009, according to MRC Annual Report "PVC in Russia-2010".

About 30% of all investments for the period of eight months have been made in the German equipment by companies Veka Rus, Proplex, Plafen, Narodniy plastic and Docke Extrusion.

In the total structure of equipment supplies those from China are dominant, they make the third part of all supplies.

The positive dynamics of funds placement is stimulated by the growing demand for PVC-profiles products. Starting from July consumption of PVC-S in Russia exceeds the indices of 2008 and in September it made up 73 KT.

More detailed analysis of capacities of PVC processing and consumption in terms of sectors, markets and types of ready-made products concerning each converter, please, see in Annual report ⌠PVC in Russia-2010.


Dugdale acquires Berwin Polymer Processing Group's PVC business

(Plastics Today) -- Dugdale Plc, a compounder of rigid and flexible polyvinyl chloride (PVC) compounds, acquired the PVC compounding business of Berwin, but there was no transfer of equipment or personnel. The purchase only included intellectual property and customer base, according to a Dugdale spokesperson.

The acquisition is part of Dugdale's strategy to strengthen and grow its high-service PVC compounding activities and meets Berwin's desire to focus on developing its rubber compounding business.

Dugdale is targeting a double-figure increase in volume output over the next 12 months. Central to the strategy is a new compounding line commissioned in July 2010 that will be used to produce new flexible PVC compounds, including the additional grades from Berwin.


Pipe extruder Poloplast plans ┬20 million investment

(Plastics Today) -- Pipe extruder Poloplast customers are the Vatican, Frankfurt Airport, and the Conference Palace Hotel in Abu Dhabi, and the new outlay will help the firm serve an even broader customer base, predicts the company's management.

The ┬20 million ($27.1 million) investment in the company's headquarters will be made in equal installments starting in 2011,according to Wolfgang Lux, the processor's managing director. The investment, funded entirely from cash flow, will be invested in new compounding and pipe extrusion equipment, injection molding lines for pipe fittings, and plant infrastructure.

Poloplast (Leonding, Austria) extrudes polypropylene pipe and tubing for the water and sewage lines as well as for home and building construction. This year Lux expects the company to reach sales of about ┬75 million, comparable to the sales it realized in 2009.


Visteon investing in Brazilian operations

(Plastics News) -- Auto supplier Visteon Corp. is making a ⌠multi million dollar investment in its interiors and electronics production in Brazil, including injection molding operations.

Most of the funds will go toward expanding and modernizing Visteon's plant in Guarulhos, which makes instrument panels, consoles and other interiors, the company said in a Nov. 23 press release. Much of the focus there will be on injection molding. Other improvements are set for Visteon's plant in Manaus, which makes electronics parts including instrument clusters and audio systems.

Visteon, based in the Detroit suburb of Van Buren Township, wants to increase its business in Brazil by 50 percent during the next three years, said Alfeu Doria, the company's lead executive in Brazil.


Advanced Drainage Systems Inc. new extrusion plant

(Plastics News) -- Pipe maker Advanced Drainage Systems Inc. is opening a new extrusion plant in Buxton, N.D., which will supply a growing market for high density polyethylene pipe in the region. The company, based in Hilliard, said that it is seeing ⌠enormous demand for corrugated HDPE pipe in the area.

⌠By manufacturing pipe as close to our customers as possible, it will significantly reduce the time and cost of delivery, Chairman and CEO Joe Chlapaty said in a Nov. 22 news release.

The demand is coming for uses in both agricultural and construction in the U.S., Manitoba, Saskatchewan and western Ontario, the company said.

The Buxton facility will open by spring 2011.